Senator Bill Cassidy (R-LA) accused the Biden administration of obstinately pushing through a new costly student loan forgiveness policy that was overturned by the Supreme Court this summer.
Cassidy, the ranking member of the Senate’s Health, Education, Labor, and Pensions committee, argued in a Washington Examiner op-ed Friday that the Biden administration’s income-driven repayment regulations are a “bigger” effort than the failed attempt to cancel up to $20,000 in loans for borrowers earning less than $125,000. Borrowers can make payments based on their discretionary income, which is defined as income above the poverty threshold under the regulations.
